Signing of banking cash transaction returns requires company banks' managing director or director; non-company banks' principal officer must verify. Signature and verification of returns under sub section (1) of section 98 must be by a scheduled bank's managing director or a director if the bank is a company, and by the principal officer if the scheduled bank is not a company.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Signing of banking cash transaction returns requires company banks' managing director or director; non-company banks' principal officer must verify.
Signature and verification of returns under sub section (1) of section 98 must be by a scheduled bank's managing director or a director if the bank is a company, and by the principal officer if the scheduled bank is not a company.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.